Indeed. This is why many people really are not so hot for the ps3.
actually if you look at the economics, the ps3 will fail if it doesn't sell blue ray movie titles. they loose 300 on every system at the moment. Thats a shit ton of games ps3 owners need to buy for sony to break even. Sony has used billions on cell (its cpu) and they are avoiding taxs in japan. I would say they need blue ray to become the hd standard to pull themselves out of debt, or they will cut their whole game division at the leg.